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To: accountclosed who wrote (32452)4/11/1999 8:05:00 PM
From: bill meehan  Read Replies (3) | Respond to of 86076
 
It's very thin now, but the open will be ugly. If the NDX futures are down 50, that's only about half of last week's move. 18-20 lower on the Spoos is nothing, but we'll have to see what it looks like in the morning. I told clients on Friday morning that I expected to be looking for shorts on Monday since we were reaching 1350-1360 target on the S&P. However, lots of the obvious candidates will open sharply lower, so I'll just see how the market acts. Right now, I would expect that I'll suggest using a bounce to put on shorts using relatively tight stops. It should be interesting to see how the Internutz act.

Will the market look like Greg Norman in '96 or '99? That is the question. (Too bad he didn't win, but it was exciting for someone that only watches one tournament a year. <ng>)



To: accountclosed who wrote (32452)4/11/1999 8:09:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
ho ho.. just the beginning of the fun.